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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2191 Pyramid Way Sparks, NV 89431-2158
Trust Owned
11-yr Hold
Free & Clear
Property ID
US62-0229172
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,260 SF
Lot
0.36 ac (15,551 SF)
Zoning code
C1
APN
027-342-06
UPID
US62-0229172
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Kwik Serv Gas Station
-
Northtowne Smog Sustainability Organization
-
Jashan Market II Grocery & Convenience Store
-
Pita And Plantains Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Stoddard,shaunna D 2008 Trust · 11 yrs held
Stoddard,shaunna D 2008 Trust
since 2015
7 recorded transactions
Zoning & alternative use
C1 · Sparks, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sparks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sparks submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,185
Tax year 2023
Assessed value
$234,505
Assessed 2023
Previous assessed
$206,618
+13.5% YoY
Effective rate
3.49%
On assessed value
Assessed land
$62,865
Assessed improvement
$171,640
Land market value
$179,614
Improvement market value
$490,401
Total market value
$670,015
Applied tax rate
2,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
1,260 SF
Lot
0.36 ac (15,551 SF)
Zoning code
C1
APN
027-342-06
UPID
US62-0229172
Jurisdiction
WASHOE
Zoning & alternative use
C1 · Sparks, NV
Zoning C1 · permitted uses
C1 · Sparks, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sparks. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Stoddard,shaunna D 2008 Trust
Trust
Free & Clear · 11 yrs held
Mailing address
601 MCHENRY AVE, MODESTO, CA 95350-5411
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2015
—
Stoddard,shaunna D 2008 Trust
Stoddard S D 2008 Trust
Quit Claim Deed
—
Dec 15, 2009
$132,000
Stoddard Shaunna D Trust
Boyett,carl S
Grant Deed
—
Dec 15, 2009
—
Stoddard Shaunna D Trust
Boyett,carole P
Grant Deed
—
Oct 27, 2008
—
Carl S Boyett
Boyett C & C Living Trust
Quit Claim Deed
related
—
Jul 19, 2004
—
Boyett Carl & C 2003 Trust
Boyett,carl S & Carole
Quit Claim Deed
related
—
Dec 18, 1989
$250,000
Stanton W Boyett
Unknown
Grant Deed
—
—
—
Stoddard Shaunna D Trust
—
Deed Of Trust
related
$132,000 · Carole P Boyett
—
—
Stoddard Shaunna D Trust
—
Deed Of Trust
related
$132,000 · Carl S Boyett
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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